News

We’ve all been there, wading through the endless phone menus, queues and scripted conversations

Gas bill to rise by as much as £100

British Gas is reportedly planning to announce price rises of as much as 20 per cent, adding more than £100 to the typical monthly bill.

David Prosser: In search of a coherent energy policy

Outlook There is much to commend in Ofgem's burst of activity of late. Its announcements yesterday of an investigation into Scottish Power's price promises and the go-ahead for energy market reforms already trailed were both sensible. Yet one cannot help but feel these matters are trivial compared to the big question facing Britain's energy industry – the one publicly posed by the regulator more than a year ago, to which we have yet to hear a satisfactory answer.

Scottish Power savings claim probed by watchdog

The energy watchdog said today that it had launched an investigation into a "potentially misleading" offer by Scottish Power promoted during its last price hike.

UK families under most financial pressure since the depths of recession

British families are suffering the tightest squeeze on their finances since the depths of the recession, according to a new report.

Britain: The most indebted nation on Earth

Lord Stevenson of Balmacara tells Julian Knight that the Consumer Credit Counselling Service expects to see lots more families in trouble

Julian Knight: Finally, OFT to rein in debt management firms

Put the words "debt" and "free" into a search engine and you will come up with no fewer than 60,000 results most of which are are fee chargers. But from next year the debt management industry is going to find it a lot harder to suggest that its services are free in any respect.

Food inflation hits 4.9 per cent as energy bills rise by one-fifth

Family of four can expect weekly food bill of £100 to increase by £5, which adds up to £260 a year

Fresh blow as energy prices rise

Hard-pressed consumers were dealt a fresh blow tonight after Scottish Power unleashed what is expected to be a new wave of energy bill rises.

Scottish Power to build new plant

Scottishpower is planning to build a big gas-fired power station near Bristol. The power plant, known as Avon power station, will have a generation capacity of between 900-1,200 megawatts and will use high efficiency combined-cycle gas turbine technology.

Ofgem cracks down on Big Six energy firms

The energy regulator Ofgem stepped up efforts to temper the influence of the biggest utilities yesterday by proposing that they auction up to a fifth of their electricity generation output and simplify tariffs that leave customers "bamboozled" by their complexity.

Ofgem orders electricity reforms

The "big six" power suppliers should sell off up to a fifth of their electricity output in a move to "break the stranglehold" they have over the market, the energy watchdog said today.

Tidal stream development approved

The world's largest tidal stream energy development will be built off the west coast of Scotland.

E.ON waives retirement age to keep chief

Chairman asked to remain in post to oversee the restructuring of the £9bn energy company
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